Elbit Systems stock gains 4.11 percent on Q2 growth

Published on 10/05/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elbit Systems stock trades at USD 724.83 on October 5, 2026, up 4.11 percent on Nasdaq. Q2 revenue rose 15.9 percent to USD 2.287 billion.

ESLT, IL0010811243, Illustration mit AI erstellt.

Elbit Systems stock (ISIN IL0010811243) was trading at USD 724.83 on Nasdaq on October 5, 2026, up 4.11 percent at 11:10 a.m. ET. The latest reported quarter showed revenue growth, higher margins and a record backlog, according to Yahoo Finance on August 11, 2026.

Q2 revenue reaches USD 2.287 billion

Elbit Systems reported Q2 2026 revenue of USD 2.287 billion, up 15.9 percent from USD 1.973 billion in Q2 2025. GAAP diluted EPS rose 34 percent to USD 3.61 from USD 2.69, while non-GAAP diluted EPS increased 28 percent to USD 4.14 from USD 3.23, Yahoo Finance reported from the earnings call.

The quarterly GAAP gross margin was 25.3 percent, compared with 24.0 percent a year earlier. GAAP operating income reached USD 218.8 million, or 9.6 percent of revenue, versus USD 157.8 million and 8.0 percent in the prior-year quarter, according to Yahoo Finance.

Backlog reaches USD 32 billion

The June 30, 2026 backlog stood at USD 32 billion, up 34 percent from a year earlier, with 73 percent generated outside Israel. Elbit Systems said 42 percent of the backlog was scheduled for delivery during the remainder of 2026 and 2027, creating a measurable near-term conversion base.

Elbit Systems of America also received a USD 120.5 million U.S. Army contract for Soldier Borne Mission Command, The Defense News reported on September 27, 2026. The subsidiary is wholly owned by Elbit Systems Ltd., linking the award to the company's broader defense portfolio.

Hold consensus targets USD 870

According to MarketBeat on September 12, 2026, five analysts held a consensus rating of Hold and an average 12-month target of USD 870.00. That target lies 20.0 percent above the USD 724.83 Nasdaq price on October 5, 2026.

MarketBeat also reported that JPMorgan cut its target from USD 950.00 to USD 885.00 on August 19, 2026, while Jefferies lowered its target from USD 950.00 to USD 880.00 on June 24, 2026. The contrast is clear: operating figures improved, but the analyst range remains below the previous targets.

Elbit Systems stock holds above USD 700

Elbit Systems stock was trading at USD 724.83 on Nasdaq on October 5, 2026 at 11:10 a.m. ET, with a session range of USD 717.87 to USD 728.41. Its 52-week range was USD 453.00 to USD 1,016.06, and market capitalization stood at USD 34.0 billion on the same date.